Yih Tai Approves Treasury Stock Buyback of 3,000 Shares to Advance Commercial Water Purification Strategy

(Central News Agency reporter Pan Zhiyi, Taipei, June 22) Yih Tai Industrial, an exporter of water purification equipment, has approved a treasury stock buyback plan during today's board meeting. The company plans to repurchase 3,000 shares between June 23 and August 21, at a price range of NT$43.54 to NT$96.69 per share.

Yih Tai's stock price dropped by NT$0.1 today, closing at NT$62.1.

Lin Yu-Chun, CEO of the Yih Tai Group, stated that the core focus of this year's operations will be on the commercial water purification market. As coffee shops, tea beverage outlets, convenience stores, breakfast restaurants, and chain dining operators rapidly expand their outlets, they often face challenges such as varying local water sources, scale buildup in equipment, and inconsistent beverage flavor standardization.

Lin pointed out that Yih Tai can adjust total dissolved solids (TDS), pH levels, hardness, and filter media combinations based on the characteristics of local raw water, helping clients establish consistent water quality across outlets. This also reduces maintenance frequency for coffee machines, ice makers, and related equipment, minimizing operational downtime.

Compared to one-time equipment sales, Lin emphasized that commercial water purification offers more sustainable service potential. After equipment is installed in outlets, ongoing needs such as regular filter replacements, water quality monitoring, and equipment maintenance generate recurring revenue. As the number of partnered locations grows, the business can evolve from pure hardware supply to include consumables and service-based income, diversifying revenue streams for the water resources business.

Lin noted that water-related operations remain Yih Tai's most important business foundation. Over the years, the company has accumulated expertise in filter media formulation, water quality testing, product design, mold development, and mass production. It has also established an internationally accredited laboratory and a one-stop integrated service, enabling tailored water treatment solutions based on different countries, applications, and customer requirements. The company's services have expanded from household drinking water to retail and dining channels, and further into water needs for high-tech manufacturing.

He explained that the treasury stock buyback resolution reflects management's confidence in the company's long-term development. Yih Tai will continue to deepen its focus on four major business areas—water purification products, metal products, industrial water treatment systems, and activated carbon regeneration—through product portfolio optimization and service expansion. (Editor: Yang Lan-Hsuan) 1150622